Apple Could Buy Every Team in the NFL, NBA, NHL and MLB

Yesterday, I tweeted.

To be clear, when we say “Apple’s cash,” that’s really an accounting reality. They don’t have the cash sitting in a bank account.

For one, almost all of the cash is held outside the U.S. and would be taxable if Apple brought it home.

Also, a large part of Apple’s cash is held as “long-term marketable securities.”

Apple also has a growing debt position. It’s easier for them to go to the bond market to fund their payments to shareholders, both dividends and buybacks.

Posted by on April 27th, 2016 at 12:23 pm


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